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Wednesday, April 23, 2025

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Crypto lost to typo

BOSTON — A cryptocurrency platform was able to get a Massachusetts federal court to dismiss a lawsuit brought against it by a company that lost $1 million in cryptocurrency because its president mistyped the recipient’s address during a transfer: a ‘B’ was written as an ‘8.’ The plain language of the platform’s contracts makes it clear that it is not liable for losses due to mistakes such as this.

Read the ruling here.

Categories / Briefs, Business, Financial, Technology

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